Ethereum Competitors NEAR And AVAX See Bulls Ahead
The optimistic crypto predicitons about the prices of digital assets continue despite the massive market volatility and multiple price corrections. Check out the latest reports about the prices for some Ethereum competit...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The optimistic crypto predicitons about the prices of digital assets continue despite the massive market volatility and multiple price corrections. Check out the latest reports about the prices for some Ethereum competitors below.
NEAR and AVAX optimistic predictions aheadNow, a popular crypto strategist is predicting price surges for Ethereum (ETH) rivals Avalanche (AVAX) and Near (NEAR) as the markets continue to rise more and more.
Pseudonymous analyst Cantering Clark has recently said that he sees smart contract platform Avalanche making a big move after breaking its immediate resistance at $84.
“AVAX waking up against BTC and ETH pairs, and with a major break in the USD pair above a weekly level that has absolutely shut it down until recently. Long and strong.”
Cantering Clark also says that he bought the recent AVAX dip – he mentioned that he sees the coin potentially rallying to $115 at the very least.
Added pretty heavily to $AVAX on this dip.
As soon as it hits 100 you are going to get the “hundy roll” effect and see overextension.
I think at a minimum 115 and back to range highs.
Similar transition as Luna, and it did this the last time I mentioned similarity as well.
— Cantering Clark (@CanteringClark) March 29, 2022
He is also addressing the trajectory of Solana.
According to the crypto analyst, SOL will keep maintaining its bullish momentum as it tears down one resistance after another.
“A very nice looking move here from SOL. Potential for a big breakout to $120 with acceptance into this gap.”
Ethereum could see massive bullsIt’s been just reported that Ethereum (ETH) could be mimicking the early stages of the 2016/2017 bull run, according to popular crypto analyst Benjamin Cowen.
In a new YouTube update, Cowen made sure to explain the fact that Ethereum’s current price patterns indicate it’s in a similar re-accumulation phase to when it bounced between $7 and $14 in 2016 and early 2017.
The post Ethereum Competitors NEAR And AVAX See Bulls Ahead first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Ethereum holds near $2,700 as $414.1 million in longs sit in liquidation zones
Ethereum trades near $2,700 as $148.3 million in crypto positions are liquidated and $414.1 million in ETH longs sit in liquidatio...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
Sam Altman ChatGPT AI Predicts XRP Could Hit an Unbelievable Price by 2027
OpenAI’s ChatGPT AI predicts that if a monumental event lands for Ripple, XRP could surge to $50 or more. In this wildly bullish p...